ST-Ericsson Reports Fourth Quarter 2009 Financial Results

  Geneve, Jan 22, 2010 - (ACN Newswire ) - ST-Ericsson, a joint venture of STMicroelectronics (NYSE:STM) and Ericsson (NASDAQ:ERIC), reports financial results for the fourth quarter 2009.- Net sales & #36;740 million; 2% sequential increase - Adjusted operating loss[1] & #36;50 million - Restructuring plans on track, additional & #36;115 million savings announced in December President and CEO, Gilles Delfassy, commented:  

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